Mr. Edward Ryan reports
DESCARTES ACQUIRES PACKAGEROUTE
The Descartes Systems Group Inc. has acquired PackageRoute, a leading provider of final-mile carrier solutions.
Based in the United States, PackageRoute's mission is to simplify and optimize the daily operations of final-mile carriers. The company offers a mobile and Web-based platform that provides real-time visibility into package deliveries, route optimization and fleet management. PackageRoute's software integrates seamlessly with pickup and delivery data, enabling contractors and drivers to make better-informed decisions and operate more efficiently.
"PackageRoute works primarily with subcontracted delivery service providers working as agents for larger carriers," said James Wee, general manager of routing, mobile and telematics at Descartes. "We believe PackageRoute customers can get substantial value from our integrated Descartes GroundCloud routing, safety and compliance solutions."
Descartes GroundCloud helps ensure seamless operations, end-to-end visibility, and standards of safety and compliance are met, including helping final-mile carriers comply with the various safety mandates of large transportation brands.
"We continue to invest in solutions that help final-mile carriers deliver shipments safely and efficiently," said Edward J. Ryan, chief executive officer of Descartes. "We're thrilled to welcome PackageRoute's customers, partners and team of domain experts into the Descartes family."
PackageRoute is headquartered in Sammamish, Wash. Descartes acquired PackageRoute for approximately $2-million (U.S.), satisfied from cash on hand.
About The Descartes Systems Group Inc.
Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use Descartes's modular, software-as-a-service solutions to route, track, and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Descartes's headquarters is in Waterloo, Ont., Canada, and the company has offices and partners around the world.
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